Roni Cohen-Pavon, Former Celsius Executive, Granted Permission to Travel to Singapore for Token2049 Conference

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Travel Permission
  2. Charges and Guilty Plea
  3. Travel Request and Legal Proceedings


    4. Former Celsius chief revenue officer Roni Cohen-Pavon, who pleaded guilty to criminal charges in 2023 and has been free on bail, has permission to travel to Singapore to attend the Token2049 conference.

    Travel Permission

    On Sept. 13, Judge John Koeltl of the United States District Court for the Southern District of New York (SDNY) granted Cohen-Pavon permission to travel from Israel to Singapore from Sept. 16 to 20 for business purposes. Cohen-Pavon, part of the same criminal indictment as former Celsius CEO Alex Mashinsky, allegedly earned roughly $3.6 million in profits from the sales of CEL tokens by helping artificially inflate the price.

    Charges and Guilty Plea

    US authorities announced fraud charges against Mashinsky and Cohen-Pavon in July 2023 related to misleading users at the crypto lending platform Celsius. Cohen-Pavon, who was reportedly not in the US when the indictment was filed, was arrested in September 2023. He initially pleaded not guilty but later changed his plea to conspiracy to commit price manipulation, securities fraud, manipulation of security prices, and wire fraud.

    Travel Request and Legal Proceedings

    Cohen-Pavon previously requested permission to travel to Tokyo in June 2024. While the court filings do not explicitly mention Token2049, the timing of the September travel request could imply plans to attend the conference. Former CEO Alex Mashinsky has also filed for the opportunity to question six material witnesses residing outside the US. Mashinsky, awaiting his trial in January 2025, is largely restricted to traveling within SDNY and EDNY.

    Roni Cohen-Pavon, after pleading guilty to criminal charges, has been granted permission to travel to Singapore to attend the Token2049 conference. Meanwhile, his legal proceedings continue, and he is scheduled for a sentencing hearing in December 2024.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Bitdeer Expands into AI Cloud and Infrastructure Services

Bitdeer is expanding into AI cloud and infrastructure services with agreements extending into 2027 and 2028.

user avatarDavid Robinson

Bitdeer Reports Significant Increase in Bitcoin Production

Bitdeer announced its Bitcoin production for September reached 1,355 BTC, a substantial increase from the previous year.

user avatarAndrew Smith

NIP Group Expands into Bitcoin Mining with New Acquisition

NIP Group has announced an agreement to purchase Bitcoin mining machines with a hash rate of approximately 447 EHs as part of its strategy to enhance its computing capacity.

user avatarJacob Williams

JP Morgan Asset Management Launches Tokenized Money Market Funds on Solana

JP Morgan Asset Management has launched two tokenized money market funds, MONY and JLTXX, on the Solana blockchain for qualified US investors.

user avatarZainab Kamara

Bitwise Dogecoin ETF Reaches Liquidation Distribution Date

The Bitwise Dogecoin ETF has reached its announced liquidation distribution date on October 22, with remaining shareholders set to receive cash based on the fund's net asset value.

user avatarSon Min-ho

Solayer Pay Launches Direct Stablecoin Deposits for Enhanced User Experience

Solayer Pay has launched a feature allowing direct stablecoin deposits from five major blockchain networks, simplifying the funding process for users.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.